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Entries to Accumulated Other Comprehensive Income will have an impact on the Net Income per share of the Corp. True or False? The amount of

  1. Entries to Accumulated Other Comprehensive Income will have an impact on the Net Income per share of the Corp. True or False?
  2. The amount of shares authorized by a corporation will always be less than the number of shares issued. True or False?
  3. Book value per share will always equal market value per share. True or False?
  4. The fact that many assets are recorded at cost less depreciation, rather than at the higher market value, may contribute to market value per share exceeding book value per share. True or False?
  5. Dividends (the payout of cash to shareholders, out of Retained Earnings) can be deducted on the Corporate tax return for federal income tax purposes. True or False?

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